Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Budget tax rises will help fund £1.5bn electric cars 'handout'
Rachel Reeves plans to give electric vehicle owners a £1.5bn hand out in next week's Budget as she considers a fuel duty increase. The Chancellor, who is preparing to unleash a range of tax rises, will announce an extra £1.3bn funding…
Electric Car Grant : £1.3bn boost for EV scheme expected in Budget - BBC News
The government is expected to announce an extra £1.3bn in funding for a scheme encouraging the use of electric vehicles (EVs) at next week's Budget. The Electric Car Grant scheme started in July as part of the move to zero emission vehicles.
Rachel Reeves finds £1.5bn to subsidise electric vehicles in net zero drive
Rachel Reeves is set to announce a £1.5bn subsidy for electric vehicles in a bid to persuade motorists to turn their backs on fossil fuels. The handouts to bring down the cost of electric vehicles comes though as the chancellor is expected to…
New car tax bands coming in 2026 for all electric car owners
Motorists will pay more under new car tax bands for electric car owners Every electric car owner in the UK is set to be hit with higher car tax fees from April 2026 as part of major Vehicle Excise Duty (VED) updates. VED fees rise depending on…
Top Electric Vehicle Stocks To Follow Today - November 22nd
MarketBeat Week in Review – 11/17 - 11/21 Tesla, Rivian Automotive, QuantumScape, NIO, XPeng, BorgWarner, and Li Auto are the seven Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool. Electric vehicle…
Thousands of Brits to get almost £4,000 off car price - see discount details
Thousands of drivers will benefit from up to £3,750 each to switch to electric cars in plans to be announced in next week's Budget. Chancellor Rachel Reeves is set to unveil a major £1.5billion package to help people get an electric…
Pay per mile update as EV drivers face threat of new charges
Drivers of electric vehicles have been warned by the government that the tax system for all motorists needs to be 'fair'. Transport secretary Heidi Alexander made the announcement on the BBC's Sunday with Laura Kuenssberg show as she was asked…
Reeves to announce £1.5bn boost in EV subsidies amid pay-per-mile concerns
Drivers will be able to claim government subsidies to cut the cost of buying a new electric car until 2030 under plans to be announced by Rachel Reeves at next week's budget. The chancellor will unveil an extra £1.3bn for subsidies for new…
2p per mile plan as households without driveways set for law change
Motorists without access to a driveway could be soon enjoy EV benefits Households without access to a driveway could soon get behind the wheel for 2p per mile under new rules by Labour. Last month, the Department for Transport and Office for Zero…
Classic car owners to pay more from this year as 2030 petrol and diesel ban warning issued
Classic car owners could be under threat after 2030 ban rules are introduced Classic car owners may need to pay more to get behind the wheel from this exact year as petrol and diesel ban rules come into effect. Labour is set to ban the sale of most…
Chinese team cuts laser weapon, EV part production time from 1 hour to 1 second
Chinese scientists have reduced the production time of dielectric energy storage capacitor components to just one second, enabling scalable, temperature-stable storage for hybrid electric vehicles, radar systems and high-power lasers. Unlike other…
Porsche to unveil fully electric Cayenne at global debut on November 19, 2025
Porsche's most anticipated SUV launch in over two decades is just days away from making automotive history. The German luxury manufacturer has confirmed that its fully electric Cayenne will debut through a digital world premiere that promises to…
Fury over 'anti-driver' Labour MPs over 3p-per-mile EV plan
The FairFuelUK Petition has amassed 152,000 signatures A group of MPs will be delivering Labour a 152,000-signature petition next week as politicians are left furious over the rumoured changes to Fuel Duty and the pay-per-mile fee. On Tuesday…
From smartphones to fridges: UK to end overreliance on imports of critical minerals
New Critical Minerals Strategy sets out the ambition to produce 10% of UK's mineral needs domestically and 20% through recycling by 2035. At least 50,000 tonnes of lithium to be produced in the UK by 2035 – more than the weight of the…
New petrol and diesel car sales to be banned in UK from 2030
Officials have confirmed that petrol and diesel vehicles will face a total ban across Britain from a specific date. The Labour administration has pledged in its manifesto to bring forward the ban on diesel and petrol cars by five years to 2030.
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